cnbc's jackie deangelis is live with that. >>> good morning. the public's fascination with local online coupons and daily deals may be fading of livingsocial, the site based in d.c., reported a $650 million net loss last year. the company was initially known for its rapid expansion, but it's cut back in recent months. now it shut some overseas operations, written down the value of others, and laid off 10% of its work force. young internet companies can take years before they become profitable. livingsocial reportedly expects to turn a profit sometime this spring. amazon owns 30% of the company. back to you. >> thank you. >>> breaking news now. there is no threat of a tsunami following an earthquake off the coast of southern alaska. it was a 6.0-magnitude earthquake, hit little more than an hour ago there. no reports of injury or damage this hour. >>> the story for us is flooding. for our neighbors to the south, it is damage caused by more than a dozen tornadoes. eight states saw twisters touch down as the storm raked across the region. one man